KoRo, a European snacking brand, has raised €35 million in a Series C funding round. The financing was led by Coefficient Capital, a New York-based growth equity firm known for its investments in brands like Oatly, Just Spices, and Magic Spoon. The round also saw participation from existing backers, including Five Seasons Ventures, HV Capital,
Swiss chocolatier Lindt & Sprungli – known across the world for its premium chocolates, finds itself in a legal battle after admitting that its chocolates contain traces of heavy metals like lead and cadmium. The revelation comes as part of the company’s defence in a class action lawsuit filed in the United States. According to
Travel luggage and accessories brand Samsonite has identified expansion in Southeast Asia as a ‘strategic priority’ as it underscores its regional growth aspirations with new retail concepts at domestic and international airports. Recently, Samsonite opened a refreshed Samsonite Black Label boutique at Jakarta’s Soekarno-Hatta International Airport, which it says marks the first of many premium
Hansika Chhabria, the Founder of fashion brand One Less, is a passionate advocate for sustainability in the fashion industry. Born and raised in Pune, India, and now based in London, Hansika was inspired to launch her brand after recognising the stark environmental and social inequalities tied to global fashion production. While studying at King’s College
Target is serving its cheapest feast ever for Thanksgiving. The retailer recently announced that it is bringing back the Thanksgiving Day meal, which is $5 cheaper than it was last year. The $20 Thanksgiving meal comes with everything needed to serve a group of four, including a frozen turkey, which can weigh up to 10
An E. coli outbreak linked to slivered onions served with McDonald’s Quarter Pounder burgers has sickened at least 104 people across the U.S., the Centers for Disease Control and Prevention (CDC) reported on Wednesday. The outbreak has led to 34 hospitalizations, and one death. The CDC emphasized that the outbreak is no longer a concern
‘Wicked’ collaborations across the spectrum from apparel, accessories, footwear, beauty and costumes all the way to home decor, toys and even one-of-a-kind cars. While ‘Barbie’ painted the town pink in 2023, now ‘Wicked’ is upping the ante by adding a splash of green. Universal’s theatrical retelling of the famed Broadway musical is creating buzz ahead
A former Co-Head at MBC Ventures; Management Consultant at McKinsey & Company and an investment banker with Société Générale, entrepreneur Sara Chemmaa comes from a diverse background in finance, strategy and consulting. The Founder of Citron, a company that creates stylish leakproof lunchboxes for children, Sara has built a brand that combines practicality with design.
On November 1, Jarek Lewis took to X (formerly known as Twitter) with a specific gripe: “I’m never selling Halloween costumes on Amazon again.” Lewis, who runs multiple six-figure Amazon FBA businesses, according to his LinkedIn profile, wrote that by the morning after October 31, he’d received more than 100 return requests from customers who
A new lawsuit accuses Subway of “grossly misleading” customers by advertising sandwiches that contain at least three times more meat than it delivers. According to a proposed class action filed recently in federal court in Brooklyn, Subway ads for its ‘Steak & Cheese’ sandwich show layers of meat piled high, reaching about as high as
